Counseled Dex One Corporation through Chapter 11
Travis represented Dex One Corporation, a leading provider of yellow page, digital directories, and marketing services, in its prepackaged Chapter 11 merger of equals with SuperMedia Inc. Dex One and SuperMedia, both publicly traded companies, filed separate but parallel prepackaged Chapter 11 cases to complete their stock-for-stock merger, amend or reinstate more than $3.3 billion of funded debt obligations of the two companies, and maintain shareholder equity value in the combined enterprise. Holders of general unsecured claims received full payment under the plans. The combined company is known as Dex Media, Inc. In 2013, the Turnaround Management Association recognized the successful restructuring of Dex One with its "Mega Company - Transaction of the Year" award.*
*Representation prior to joining Dinsmore & Shohl